The Genting Group has revealed its plans for a full-blown casino in New York, and as expected, it joins a growing list of would-be casino operators who want to come as close to New York City as legally possible.
Genting Americas said April 23 it is jumping into the increasingly crowded field to try to win a license to open a full-scale casino resort in New York state.
Facing community and local government opposition, backers of a long-planned full-scale casino at Saratoga Springs' harness track have retreated on the idea, instead focusing on a new site near Albany, N.Y.
A new state budget deal in New York calls for using a portion of video lottery terminal proceeds to create a health insurance program for Thoroughbred jockeys.
The formal bidding process for New York's new commercial casino developments begins March 31 when a state casino siting panel will release a request for application from developers.
New York racing regulators raised the prospects of imposing new transparency standards on stewards, including possibly publicly releasing videos that are used by officials in decisions affecting the outcome of a race.
New York racing regulators have a busy schedule of items to consider at their March 12 meeting, including adoption of final rules involving claiming races.
The New York Racing Association is at some unknown date losing its board chairman as it looks in the next year or so to move from a state-run entity back to a privately held corporation.
New York's agency that regulates the racing, casino, and lottery industries had his nomination sail through the state Senate March 4, which paves the way for the formal appointment of a siting panel to recommend new casinos.
The New York state Senate next week is poised to confirm Gov. Andrew Cuomo's choice for the new head of the state Gaming Commission, the powerful regulatory agency that oversees racetrack and casino operations.
The New York Racing Association, which has touted claims of transparency since it was taken over by the state, approved no items at its Feb. 26 board of directors meeting before quickly going into executive session.
New York Gov. Andrew Cuomo is proposing a $2 million tax hike on tracks, off-track betting, and simulcasting operations as a way to increase funding to the state agency that regulates the industry.
New York's timetable for new casino developments became clearer Jan. 8 with Gov. Andrew Cuomo announcing that a college president will head a panel charged with siting the first round of four casinos.
The New York Racing Association is finalizing a "fresh look" budget for 2014 that will hike fees imposed on simulcast partners and raise prices for racetrack admission and parking while cutting a number of expenses.
New York Gov. Andrew Cuomo has signed legislation to create a statewide standard for rebate programs at racetracks and off-track betting corporations.
Legislation to authorize a statewide standard for rebate programs at New York tracks and off-track betting corporations is before Gov. Andrew Cuomo for his approval or veto.
New York voters Nov. 5 authorized the state to license up to seven new commercial casinos, the biggest casino gambling expansion in state history.
Racing regulators in New York gave preliminary approval to new threshold levels for 24 equine drugs as well as hefty fines for racetracks, lottery agents, and others who let underage people gamble.
Pro-casino forces raised in excess of $3.5 million the last four weeks to finance television ads and mailings trying to convince New York voters to approve a large expansion of gambling facilities in the state.
Genting Americas has contributed more than $1.3 billion in payments to New York State and more than $200 million to the New York Racing Association and purse and breeding funds since opening Resorts World Casino at Aqueduct.
A lower court state judge in New York has dismissed a lawsuit that sought to halt a statewide ballot referendum to change the state's constitution to permit commercial, Las Vegas-style casinos around the state.
An investigation by New York regulators and the New York State Police has cleared jockey Luis Saez of allegations that he carried an electronic device when he rode Will Take Charge to victory in the Aug. 24 Travers Stakes.
As polls suggest some uncertainty whether New Yorkers will OK a sweeping expansion of casino gambling in a November referendum, a coalition of business and labor groups have begun a last-minute effort to push for passage.
A major construction and rehabilitation effort at the historic Saratoga Race Course took another baby step toward what New York Racing Association officials hope will be eventual final state approval.
New York regulators Sept. 9 re-issued an expired rule requiring the previous trainer of a claimed horse to provide the new owner with all records regarding corticosteroid joint injections within 48 hours of the race.
Interests representing racing, real estate, and casino industries opened their wallets wide open to pay for lobbyists and campaign donations during a final frenzy when New York officials approved casino expansion plans.
Racing regulators in New York Aug. 1 made permanent a set of equine safety rules and conditionally approved two new wagers requested by the New York Racing Association, which is now a state-run entity.
New York Gov. Andrew Cuomo has signed into law a measure sharply increasing the number of Las Vegas-style casinos permitted in the state, if voters agree to go along with the idea in a statewide referendum this fall.
Off to a stuttering start, the Gov. Andrew Cuomo-appointed New York state Gaming Commission held its first meeting June 26 in Manhattan.
Legislation legalizing commercial casino gambling in New York was introduced June 19 at the state Capitol. The legislation, expected to be voted on soon, would need approval by voters in a statewide referendum this fall.
New York Gov. Andrew Cuomo's plan to create gambling competition for racetrack-based casinos was a topic of an hour-long, closed-door meeting June 18 with legislative leaders trying to end the 2013 legislative session.
Gov. Andrew Cuomo is playing a new game of hardball with racetrack-based casinos in New York by sending them a simple message: get on board with his plan or face additional competition from facilities located nearby.
Three large areas of upstate New York are now out of the running for commercial casino development after Gov. Andrew Cuomo struck a deal with the Seneca Nation of Indians to resolve a four-year-old dispute with the state.
The New York Racing Association is trying to quickly call a board meeting for the week of June 17 to approve a new chief executive officer to run the three-track racing franchise now overseen by the state of New York.
A casino proposal offered by New York Gov. Andrew Cuomo will "cannibalize" as much as 85% of the state's current gambling industry, a racetrack casino association said June 11.
Unveiling further details on his casino expansion plans, New York Gov. Andrew Cuomo proposed the first three facilities be located in upstate regions and that successful developers pay an upfront $50 million franchise fee.
A New York racetrack hoping to be considered for a full-scale casino announced a $30 million development project that will include a hotel, event center, and upscale restaurant.
Sen. John Bonacic, chairman of the New York Senate Racing, Gaming, and Wagering Committee, introduced a measure May 23 to ban casinos on Long Island and New York City, except the borough of Queens.
The New York Legislature's top Republican said there are talks to permit the off-track betting corporations on Long Island to offer video lottery terminal betting.
New York Gov. Andrew Cuomo made a deal with an upstate Native American tribe to block casino competition in return for settlement of long-standing land claim issues and the state getting a share of tribal casino's revenue.
More than a year after it was created by law, the New York Gaming Commission is getting closer to having board members in place who can fully run the new agency.
Gov. Andrew Cuomo said there is a big enough appetite for gambling in New York to permit the state to expand casino operations while protecting the interests of existing racetrack-based casinos.
Several of New York's racetrack gaming facilities would be first in line for full-scale casinos under legislation being finalized by Senate Republicans in the state legislature.
The New York Gaming Association April 29 released a report that shows its nine racetrack-based casino facilities generated $1.8 billion in gross gaming revenue in 2012 and turned over $823 million in taxes to the state.
Less than a year after the New York Racing Association hired a veteran lawyer to help clean up its reputation in the wake of the betting takeout scandal, the now state-run racing corporation is moving to find a replacement.
New York lawmakers have approved a measure redirecting 1% of purse enhancements from the state's track-based video lottery terminal program to fund new initiatives to improve equine safety at racetracks.
New York state regulators have imposed a 20-day suspension and $7,500 fine on top Aqueduct Racetrack trainer Rudy Rodriguez after flunixin was found in his horses at two separate races last year.
New York officials are all but certain to put off final negotiations on a play to add up to seven casinos in New York until later in the legislative session.
Genting, operator of the successful Aqueduct casino, is expanding its holdings in the United States gambling industry with the purchase of an 87-acre parcel in Las Vegas.
Hoping to convince state officials to give them full-blown casino rights, New York's racino operators say their financial performance continues to improve and is outpacing percentage returns of casinos in nearby states.
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